List Price: $815,000 | $173 per sq.ft. Multi Family A 7 Unit Multi Family Home
With 2 One Bedroom Units , 4 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097398
With 2 One Bedroom Units , 4 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097398
To see this Listing
Address: 2003 Main Road Cavendish VT
Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate
Description:
Strong cash flow and future upside come together in this well-maintained 7-unit multifamily opportunity. Offered at an attractive 10% cap rate, the property features a diverse unit mix with four 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and a spacious 4-bedroom, 2-bath unit. Recent exterior painting enhances curb appeal while helping to minimize near-term maintenance. The property has been thoughtfully cared for and offers additional value-add potential with unfinished attic space that could provide future expansion opportunities, subject to local approvals. Whether you're looking to add to an established portfolio or acquire a high-performing asset with room for growth, this property offers a rare combination of strong returns, unit diversity, and long-term potential. 3D Virtual Tours Available Upon Request. Operating Expenses : Insurance,Maintenance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $12,481
Taxes: $12,481
Income
Gross Income | $115,200
NetIncome | $81,391
Gross Income | $115,200
NetIncome | $81,391
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Rent : 1400.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 4
Baths: 2
Rent : 1800.00 Monthly
Lease Term : Annual
Status : Leased
UNIT 5 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 6 INFORMATION
Beds: 2
Baths: 1
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 7 INFORMATION
Beds: 2
Baths: 1
Rent : 1500.00
Construction: Wood Frame
Year Built: 1890
Style: Victorian
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 5623
Above Grade Sq.Ft.: 4723
Basement: Unfinished
Year Built: 1890
Style: Victorian
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 5623
Above Grade Sq.Ft.: 4723
Basement: Unfinished
Roof: Slate
Seasonal: No
Seasonal: No
Heating: Propane | Oil | Baseboard | Electric
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable at Site
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable at Site
Electric Meters:
Water: Public
Sewer: Public
Land Information
Sidewalks | In Town
Lot size: 0.72 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 73
Driveway: Gravel
Sidewalks | In Town
Lot size: 0.72 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 73
Driveway: Gravel
Additional Information
Taxes $12,481
Assesed Value Not Reported
Taxes $12,481
Assesed Value Not Reported
Schools
